PLAY PKN: Video News Bulletin 8 May

In the news this week: PIDA 2020 winners, Orora Fibre / Opal, Wellman Packaging, Colgate Palmolive, Woolworths, GS1, Foodmach

Food & Drink Business

The International Fresh Produce Association ANZ has appointed Steritech fresh produce business manager, Ben Reilly, and Lynch Group Australia CEO, David Di Pietro, to the board of directors, effective immediately.

Presenting Diageo’s Q3FY25 results, CEO Debra Crew, outlined the company’s plan to reduce debt and mitigate the impact of US tariffs, which alone are expected to cost the alcohol company around $233 million (US$150 million) per year.

Alvia Asset Partners has taken a majority stake in Australia’s largest ice cream cone producer, Altimate Foods, investing alongside the company’s founders, the Rizzo family.